Quote from: jeroenn13 on December 05, 2013, 06:29:52 PM

Quote from: Faraday on December 05, 2013, 06:08:53 PM

I am not sure about the proposed fee charged to place an order in the book, I imagine most people will just pay the fee one time and then change the existing order to avoid paying more fee's, for example you could place a sell for 100 MSC at 0.15 and after it is sold move your order to 1 MSC at 0.9 or something that won't be purchased, then next time you wish to place an order change it again.

So if you proceed with this you might as well just change everyone a 1 time fee to use the order book, still not sure if that's the best idea - it may just discourage people from using the order book at all for standard trades and they will just be posted in this thread instead.

Why don't we start with a maximum of three days before your order will be removed? In this way it will stay up to date and no fee have to be charged.

Lots of valid orders are older than 3 days. It is nice when a crash comes to know who is willing to buy cheaply. The part of the book which is crossed - is different. These guys clearly aren't getting their connections with opposing parties. These orders are therefore invalid. I have a valid order which has been on the book a very long time. We don't want to kill all valid orders older than 3 days - the book will disappear.